Banking
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Stock Upgrades: Coeur Mining Shows Rising Relative Strength
Talk about being in the right place at the right time! Coeur Mining has racked up outstanding profit and sales…
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Bank lobbyists blast lawmakers’ plans for ‘unbanked’ Americans
The biggest U.S. banks criticized a pair of proposals designed to help consumers who don’t use their services. Lawmakers’ recent…
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Tesla Eyes ‘Nightmare’ While EV Startups Lordstown, Fisker Jump
Tesla (TSLA) has reportedly hit a major supply-chain obstacle while new EV stocks Fisker (FSR) and Canoo (GOEV) say they’re…
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Flush with capital, banks rush to repurchase stock
Share buyback programs, shelved by many banks early in 2020 amid pressure from regulators to preserve capital in the midst…
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Twilio Stock Rises On Zipwhip Purchase As Acquisition Spree Continues
Twilio (TWLO) agreed to buy business text messaging firm Zipwhip for $850 million in cash and stock as its acquisition…
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JPMorgan reshuffles leadership as Gordon Smith announces retirement
JPMorgan Chase, the nation’s largest bank, has appointed a new chief financial officer and moved other top leaders into new…
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Stock Market Mixed As Nasdaq Leads, Dow Jones Lags; How Did These 2 Dow Stocks Fare?
Stocks were mixed midday Tuesday, as the Dow Jones Industrial Average and S&P 500 traded lower but the Nasdaq and…
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TruEnergy FCU elevates Benson to CEO
TruEnergy Federal Credit Union in Springfield, Virginia, named Scott Benson as its next president and CEO. The $142 million-asset credit…
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Bank of America raising minimum wage to $25 per hour in race for talent
Bank of America will boost its minimum hourly wage to $25 an hour by 2025 from a current $20, according…
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Amazon’s Bid For MGM Escalates Major Battle To Dominate Movie Market
Amazon (AMZN) has been in talks to acquire the film studio Metro-Golden-Mayer in a deal that escalates a major battle…
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What Is CAN SLIM? If You Want To Find Winning Stocks, Better Know It
Anyone who has spent at least a few weeks reading Investor’s Business Daily has come across this acronym: CAN SLIM.…
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A new way for banks to think about supporting CDFIs
As bank CEOs serving side by side in local markets, we strive to create wealth, share risk, and meet the…
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Option Trading: Merck Stock Sets Up For Bull Put Spread
With the market uptrend under pressure, I like to take a look at defensive names that are still trading above…
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Dow Jones Falls As Home Depot, Walmart Report Earnings; Tesla Reverses Higher
The Dow Jones Industrial Average traded down 100 points Tuesday, as Home Depot and Walmart both reported strong earnings results.…
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dv01 sets out to incorporate ESG into ABS data sets
Specialty securitization information company dv01 is tapping into strong demand from both issuers and investors for ESG information and analytics.…
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Berkshire exits Synchrony bet, adds stake in broker Aon
Warren Buffett’s Berkshire Hathaway exited a bet on Synchrony Financial during the first quarter as the company continued to pare…
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Dow Giant Home Depot Reports Booming Earnings, Sales
Home improvement giant Home Depot (HD) easily beat first-quarter estimates early Tuesday, as renovations and construction continue to boom amid…
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BofA expands affordable housing program to $15 billion by 2027
Bank of America is expanding a mortgage program for low- to moderate-income homebuyers in an effort to address racial wealth…
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3 Stocks Will Make Up For Your Vanishing Huge AT&T Dividend
If you love huge dividends — AT&T stock probably got your heart racing. But with half of AT&T’s 6.45% yield…
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The fintech Amount raises $100M from Goldman Sachs, Barclays, others
Amount, a fintech that offers software banks can use to make “buy now, pay later” loans to consumers, says it…
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IBD Screen Of The Day: Many Growth Stocks Show Rising Profit Estimates; Only One In A Proper Base
Today’s IBD Screen Of The Day column focuses on growth stocks showing rising profit estimates. It’s one of several powerful screens found…
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Walmart Earnings Beat As E-Commerce Smashes Forecasts
Walmart (WMT) beat estimates for the first quarter early Tuesday, as the big-box retailer’s e-commerce sales crushed views despite a…
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Goldman’s Marcus snags Uber exec; Berkshire unloads Wells Fargo shares
Receiving Wide Coverage … Meet the new boss Goldman Sachs “is poaching an engineering executive from Uber Technologies to run…
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Will FDIC, OCC follow Fed into global climate group?
WASHINGTON — It was hailed as a coup when the Federal Reserve announced in December that it was joining a…
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Stocks With Rising Relative Strength: Niu Techno
In a welcome move, Niu Techno (NIU) saw its Relative Strength Rating rise from 65 to 73 on Monday. When…
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Bilibili Stock Shows Market Leadership With Jump To 91 RS Rating
Bilibili (BILI) had its Relative Strength (RS) Rating upgraded from 88 to 91 Monday. The streaming video content provider appeals…
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Virgin Galactic Will Soon Give An Update On Crucial Test Flight
Virgin Galactic (SPCE) will provide an update on its test flight schedule this week after disclosing a potential issue last…
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Top-Rated Stocks: NVR Sees Composite Rating Climb To 97
With mortgage rates still very low, housing in short supply and demand high, homebuilders remain a hot sector. And on…
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Large-Cap Leader Regions Financial Takes Next Step Into Buy Zone
Having already earned a spot on the IBD Big Cap 20, S&P 500 banking stock Regions Financial (RF) is now…
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Dow Jones Slips; Microsoft Drops Amid Bill Gates News; Bitcoin Sinks On Elon Musk Tweets
The Dow Jones Industrial Average slipped, while the Nasdaq fell hardest as tech stocks got walloped again. Microsoft (MSFT) dipped…
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FDIC seeks feedback from banks about digital assets
WASHINGTON — The Federal Deposit Insurance Corp. on Monday issued a wide-ranging request for information on activities by banks to…
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Medical Stocks Jazz, Horizon Are Accelerating But Iqvia Is Hitting The Brakes
Jazz Pharmaceuticals (JAZZ) and Horizon Therapeutics (HZNP) stand among a cadre of accelerating medical stocks, while big names like Iqvia…
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Warren Buffett Cuts Stakes In Financial, Energy, Drug Stocks
Berkshire Hathaway (BRKB) chief Warren Buffett soured on several financial, energy and drug stocks in Q1, which saw overall net…
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California regulator hires consumer advocate to lead fintech office
The California Department of Financial Protection and Innovation has hired a veteran consumer advocate to lead a newly-created Office of…
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Dow Jones Futures: Stock Market Slashes Losses, But Tesla Gives Up Key Support Level
Dow Jones futures, along with S&P 500 futures and Nasdaq 100 futures, were little changed late Monday. Tesla stock broke…
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Debt-relief firm agrees to pay $5.4M in restitution to consumers: CFPB
A large debt-settlement firm has agreed to pay $5.4 million in restitution to consumers for allegedly charging upfront fees before…
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Cameco, IBD Stock Of The Day, In Buy Zone As This Carbon-Free Energy Gets Another Look
Cameco Cameco CCJ $0.69 3.51% 6% IBD Stock Analysis Cameco stock is back above a 19.81 buy point. Shares have…
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Financial regulators extend comment period on AI policies to July 1
Five federal regulators are giving financial institutions and the public an extra month to comment on the use of artificial…
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MUFG hires restaurant bankers away from Wells Fargo
Mitsubishi UFJ Financial Group has hired a team of bankers away from Wells Fargo in a bid to beef up…
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Apple Music Beats Spotify To Market With High-Fidelity Streaming Service
Apple Music dialed up the competition with rival Spotify on Monday by announcing a new high-fidelity streaming music offering at…
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Banks no longer have to limit savings withdrawals, but some still do
In the early days of the pandemic, the Federal Reserve temporarily axed a requirement that had limited the ability of…
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IBD 50 Stocks To Watch: Is Apple Supplier Jabil In Buy Range As It Finds Key Support?
Apple supplier Jabil (JBL), featured in today’s IBD 50 Stocks To Watch, is in buy range as it scores triple-digit…
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The bankers turning free-spirited Libra into buttoned-down Diem
Alan Lane had his “aha” moment about digital currencies in 2013, when he bought his first bitcoin through Coinbase. Once…
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Online Retailer Overstock.com Stock Scores Relative Strength Rating Upgrade; Hits Key Benchmark
On Monday, Overstock.com (OSTK) received a positive adjustment to its Relative Strength (RS) Rating, from 76 to 84. The discount…
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Palantir Technologies Stock Earns Technical Rating Upgrade Amid Growth Selloff
Palantir Technologies (PLTR) saw a welcome improvement to its Relative Strength (RS) Rating on Monday, with an increase from 65…
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Dow Jones Drops As Disney Weighs; Tech Stocks Lead Downside; Multiple Financial Stocks Trade Inside Buy Zones
The Dow Jones Industrial Average fell modestly in today’s market, extending its losses from last week. The tech-heavy Nasdaq led…
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IBD Live Q&A And Two Key Stock Lists For May 17, 2021
to the entire IBD Live International Team – a magnificent Midwest Monday morning – coming to you Live from Minneapolis!…
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Kansas’ Equity Bancshares is buying a crosstown rival
Equity Bancshares in Wichita, Kansas, has agreed to acquire crosstown rival American State Bancshares for $73 million in stock. The…
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Stocks To Buy And Watch: FANG Leader Alphabet Leads 4 Stocks In Or Near Buy Zones
Among the top stocks to buy and watch, FANG leader Alphabet (GOOGL) is in a new buy area, as it…
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Bitcoin, Bitcoin Stocks Tumble On Musk Tweets
Bitcoin and cryptocurrency-related stocks are on a wild ride after Tesla (TSLA) CEO Elon Musk lit up Twitter over the…
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